Daily Market Summary April 13, 2018
Daily Market Summary 13.04.18 The information contained herein has been obtained from sources believed to be reliable, however its accuracy and completeness cannot be guaranteed. You are hereby notified that any disclosure, copying, distribution or taking any Action in reliance on the contents of this information is strictly prohibited and may be unlawful. Mayberry may effect transactions or have positions in securities mentioned herein. In addition, employees of Mayberry may have positions and effect transactions in the securities mentioned herein.
PTL books nine months net profit of $66.48 million
April 13, 2018 Paramount Trading (Jamaica) Limited (PTL), for the nine months ended February 28, 2018 recorded a 24% increase in total revenues to $1.04 billion from $835.75 million reported in 2017. For the third quart PTL increased it revenue by 17% to $348.08 million(2018) from $296.62 million (2017). Direct expenses closed the period at $734.82 million, an increase of approximately 27% relative to the $579.40 million booked a year ago. Despite the growth in direct expenses, gross profit rose by approximately 17% to $300.44 million (2017: $256.35 million). Gross profit for the third quarter totalled $99.98million, $12.25 million more
Daily Market Summary April 12, 2018
Daily Market Summary 12.04.18 The information contained herein has been obtained from sources believed to be reliable, however its accuracy and completeness cannot be guaranteed. You are hereby notified that any disclosure, copying, distribution or taking any Action in reliance on the contents of this information is strictly prohibited and may be unlawful. Mayberry may effect transactions or have positions in securities mentioned herein. In addition, employees of Mayberry may have positions and effect transactions in the securities mentioned herein.